Is it worth it to buy a car in New Hampshire?
Like Oregon, New Hampshire is the least expensive state to buy a car with no sales tax policy, making it another ideal place to save big on car purchases. The state also offers affordable registration fees and is home to a variety of dealerships with competitive prices on both new and used cars. New Hampshire is among the wealthiest and most-educated states. It is one of nine states without an income tax and has no taxes on sales, capital gains, or inheritance while relying heavily on local property taxes to fund education; consequently, its state tax burden is among the lowest in the country.New Hampshire is among the wealthiest and most-educated states. It is one of nine states without an income tax and has no taxes on sales, capital gains, or inheritance while relying heavily on local property taxes to fund education; consequently, its state tax burden is among the lowest in the country.New Hampshire. Next on our list is New Hampshire. Residents of this state also enjoy higher incomes, with a median annual household income of $98,780.Are you middle class? Here’s what it takes to be middle class in New Hampshire in 2025. New Hampshire is the fourth most expensive state to be middle class, according to calculations by SmartAsset. A household is considered middle class in the Granite State if it makes between $64,552 to $193,676.Amherst, New Hampshire Based on this four-factor metric of median household income, average household income, median home value, and median property taxes paid, the richest city in New Hampshire is Amherst. This city consists of only 253 households, and is northwest of Nashua.
Why are cars cheaper in New Hampshire?
New Hampshire doesn’t require a sales tax on vehicles, so that cost is removed entirely. Additionally, registration fees are remarkably low. Given the cost of insurance, cost of living, and the number of used cars on the market there, it could be relatively easy to find an affordable car you will be happy driving. Average Cost of Living in New Hampshire: $56,727 per year If you’re considering relocating to this New England state, the cost of living could affect your monthly budget. According to MERIC data gathered in 2022, New Hampshire has the 43rd lowest cost of living in the country.